Do you want to start a drywall company from scratch with no money? Or you need a sample drywall business plan template? If YES, then i advice you read on.
Are in an employee in the construction industry? Are you tired of working Employers? Do you intend making enough money to take care of yourself, your family and pay your bills? If you answered yes to all these questions, then you should consider starting your business. It is easier to start a business in an industry where you have been able to garner reasonable experiences.
If you have hands-on job experience in the constructions industry, and you desire to start your own business, then one of the businesses you can start that can guarantee you good returns on your investment is starting a drywall business.
As a drywall business owner or contractor, your responsibility is to help your clients lay out and install gypsum wall boards and also gypsum wall board assemblies. This includes non – structural metal framing members, tapping, and the required texturing operations.
In order to operate this type of business, you are required to first apply and obtain your own Drywall Contractor License and Permits. Of course you will have to register your business and then acquire the right trainings before you can be issued a drywall contractor license and permits. For example in the United States of America, each State has its own requirements.
Below are some steps you would need to follow if you want to successfully launch your own drywall business from the scratch and then build the business to profitability within record time;
Starting a Drywall Company – Sample Business Plan Template
With a drywall business, research is always key. One of the front burner tasks that you have got to take on before you start your dry wall business is research. It entails that you garner a whole lot of information from reading and talking to folks in the same line of business.
First off, the internet can serve a great deal in this regard. There are search engine resources on the internet through which you can know a lot like; how the business came into existence, major players in the industry, how many employees is best to start with, the qualification and experience level you need to have before commencing business and a lot more. You can also ask those who are in the trade for answers on questions you do not get on the web.
2. Learn the Trade
You would be doing yourself a lot of harm if you decided to start this trade without first getting skilled. Therefore, your ability to learn this trade by acquiring the skills is pertinent. If you already have background knowledge of what this industry is all about, then you can think to just spruce them up. If on the other hand you do not know anything at all, then you may consider attending a course that offers the drywall activities. Doing this will help you have to a large extent, adequate knowledge of the processes involved, amongst others.
Business plan is always a great step to take when you want to start a business. As a result, you may consider hiring a business expert who knows a great deal about business plans to help you write your template. You would need to first figure out how you want the business to be run, how many employees you are looking to employ for starters and as time goes on, the location of the business, the financial projections- for short term and long term, the overhead costs that may likely be incurred, amongst many other information.
4. Register Your Company, Apply and Obtain Your Drywall Contractor License and Permits
Incorporating your business before you start this type of trade is nonnegotiable. This is because of the great chances of dealing with corporate organizations. It is worthy to note at this juncture that most businesses make the highest amount of profits with bigger organizations because of the magnitude of contracts they might be awarded.
Sometimes these businesses may worth thousands of dollars. This is part of why registering your business is imperative. Determine if you want your drywall business to be registered as sole proprietorship, a limited liability company or otherwise. If you are going to be in partnership, then you have got to alert those whom you are looking to partner with.
5. Purchase the Required Working Tools
Some of the tools you would need for this type of business are; ladders, sanders, scaffolding, hawks, stilts, trowels and other safety wares (Overall, Safety Boots, Safety Hand Gloves et al). It is very appropriate that you acquire these tools as new ones.
On the other hand if you do not have the funds now to procure the new tools, then you may consider buying the fairly used types. You need not fret whether they would be as efficient or not. They would equally work as fine as the new ones; however you must be ready to replace them one they begin to wear and tear.
One of the reasons why you may be rated high by your customers is the choice of office location and how it is furnished. If you want to come across as professional in the long run, then you must be looking to get an office space that is befitting. You need to locate your business in a commercial area- you may consider an area of town where other businesses are located.
7. Print Your Business Cards, Network with Building Contractors and Source for Contracts
This is where part of your hard work may fall into. This is because you have got to make your business known by all and sundry if you want to be patronized. Therefore, you would need to print some cards, fliers, brochures, so that you can hand them to potential clients.
Also, do not forget to attend networking functions. One of the reasons why attending networking functions is vital is that you are privileged to meet top organizations’ managers and senior workers who may be in need of what you do.
There you have it. 7 important steps that can help you realize your dream to own a drywall business. Consequently, you need to constantly research ways on how to get better and serve your clients better for more returns on investment.